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Showing 4681 - 4690 of 28259 results for "NOT"

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... super funds are required to provide certain information with the annual member notices." But: "The current regulations do not align with the Australian Accounting Standards and impose unnecessary costs on funds and their members." With the aim of improving ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... growth is at historically low levels and has been for some time. The Australia Institute suggested wage growth clearly has not been the driving force of recent increases in Australian inflation or inflation around the world. Rather, the blame should ...

Local ETF industry flows positive, lower FUM: BetaShares

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
According to BetaShares, a combination of sharemarket declines and cautious investors characterised the first half of the year for the local ETF industry. In its half-yearly Australian ETF review, BetaShares noted the industry was far less buoyant in ...

Investors, advisers need further ESG education

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... Preferences Bernard Del Rey said the study uncovered a sizeable segment of investors who want to make ESG focused decisions but may not presently feel they are being catered to. "For advisers who can deliver confidently on ESG investments and put even ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... years. For team members, it is business as usual with no planned changes to employment conditions and the acquisition will not result in any net job losses in Queensland for Suncorp Bank for at least three years post completion, ANZ said. The acquisition ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
The unemployment rate has fallen to 3.5%, the lowest level since 1974, and near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
... cash on hand, which will provide ample liquidity to support certain operations during the restructuring process. Celsius is not requesting authority to allow customer withdrawals at this time and said claims will be addressed through the Chapter 11 process. ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
... significant progress Allianz has made in addressing APRA's concerns, although we have emphasised that these weaknesses should not have happened, and we will not tolerate any recurrence." "This episode, and similar penalties applied to other institutions ...

LGT Crestone hires head of sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2022
... LGT Crestone from Perpetual Private in Sydney, where she was an investment director, providing strategic wealth advice to not for profit clients across Perpetual's wealth business. Prior to working at Perpetual, Amanda led the responsible investment ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... Zhao's initiative to champion the adoption of crypto in Africa. She said that the continent is primed for crypto adoption, with not more than 20% of the population banked. The report added that Binance has also been strategically growing its legal ...